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sdcers retirement plan summary

Select your employer to the left, and then click on the date you were hired for more information.

SDCERS was established by the City of San Diego in 1927 to administer retirement benefits for its Members. Carol has served as the Board’s Vice President since July 13, 2018 and she has acted as the interim Board President since Val Hoy vacated the office. SDCERS provides benefits to its vested Members when they retire. SDCERS administers benefits for more than 20 plan tiers, and you can learn more about YOUR plan by reading the Retirement Plan Summary that corresponds to your employer and hire date. SDCERS summarized your retirement plans into easy-to-read fact sheets.

2019-2020 Health Open Enrollment for eligible City Retirees will run from June 3 – 28, 2019. SDCERS is governed by a 13-member Board of Administration, responsible for the prudent administration of retirement benefits for City of San Diego, San Diego Unified Port District and San Diego County Regional Airport employees, and for overseeing the investment portfolio of the retirement system’s trust fund.At its May 10, 2019 meeting, the Board approved two Cost of Living Adjustments (“COLA”) that will be applied to eligible retirees’ monthly benefit from July 2019 – June 2020. Beneficiary designations may seem like a chore you can put off or do once and forget about, but the truth is you should review your beneficiary designations at least once a year to make sure they reflect your current circumstances. All meetings will continue to be held remotely for the foreseeable future.

Also, 2019-2020 Health Open Enrollment for eligible City Retirees will run from June 3 – 28, 2019. The Supplemental Benefit is paid in years when the fund’s investment earnings are sufficient to qualify, according to a set formula defined in the plan documents, and the Corbett benefit is paid in years that the Supplemental Benefit is paid. If you are currently working at a California government agency that participates in reciprocity, and you are considering employment with the Port or Airport, you can apply to establish reciprocity. For more information about SDCERS administers the pension plans for three plan sponsors - the City of San Diego, the San Diego Unified Port District, and the San Diego County Regional Airport Authority. SDCERS administers benefits for more than 20 plan tiers, and you can learn more about YOUR plan by reading the At the January meeting, SDCERS' Board of Administration took another important step toward pension stability by voting to set minimum annual pension payments of the Unfunded Actuarial Liability (UAL) for the City of San Diego and the Port of San Diego.SDCERS’ Total Fund reported performance of +8.9% net of fees compared to the benchmark of 7.6% and assets topped $8 billion for the fiscal year ended June 30, 2018. Members whose retirement date is before July 1, 2018 will receive a COLA increase of 2.0%.

SDCERS was established by the City of San Diego in 1927 to administer retirement benefits for its Members. The event will feature formal presentations by Kaiser, Cigna, SCAN Health Plan, and Sharp from 10:00 a.m. – 10:30 a.m., and retirees will be able to talk to the providers and ask questions until noon. Members whose retirement date is between July 1, 2018 and June 30, 2019 will receive a COLA increase of 1.9%. SDCERS Members, please register to create your secure Member Portal profile and manage your account. If you are currently working at a California government agency that participates in reciprocity, and you are considering employment with the City of San Diego, please note that only sworn police officers may join the City of San Diego’s pension plan. Welcome to the San Diego City Employees' Retirement System, where our mission is to deliver accurate and timely benefits to our participants and ensure the Trust Fund's safety, integrity, and growth.Use the Member Portal to do things like view and update your beneficiaries, estimate your future pension benefit, and (if you're at least six months away from being eligible to retire) begin the retirement application process.Welcome to the San Diego City Employees' Retirement System, where our mission is to deliver accurate and timely benefits to our participants and ensure the Trust Fund's safety, integrity, and growth.Use the Member Portal to do things like view and update your beneficiaries, estimate your future pension benefit, and (if you're at least six months away from being eligible to retire) begin the retirement application process.Welcome to the San Diego City Employees' Retirement System, where our mission is to deliver accurate and timely benefits to our participants and ensure the Trust Fund's safety, integrity, and growth.SDCERS staff is here to assist you – we just can’t see you in person. Space is limited, so please call SDCERS as soon as possible to register, at (619) 525-3600.

Username (required) First-Time User. Enrollment in SCAN Health Plan depends on contract renewal. SDCERS provides benefits to its vested Members when they retire. However, our Call Center representatives are lucky to have kind and patient Members, and our Members are equally lucky to have such passionate and caring people on the other end of the phone.At the September 13th Board meeting, Board President Carol Broad appointed Carina Coleman to the position of Vice President. We are excited to welcome Sgt. SDCERS provides benefits to its vested Members when they retire.

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